LOAN FOR FRANCE.
ARRANGED WITH AMERICAN BANKERS. By Oabler-T-Press Association —Cop) right. Australian and N.Z. Cablo Association NEW YORK 5 Nov." 11. It is understood that a banking group, headed by Mr 3. P. Morgan, is prepared to float the French external loan here on short notice. The amount will probably be 100,000,000 dollars. . Tlie proceeds will be used to place on a niore permanent basis the dollar balances created by the Morgan firm last spring to stabilise the French franc.
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Bibliographic details
Timaru Herald, Volume XCVIII, Issue 18084, 15 November 1924, Page 6
Word Count
81LOAN FOR FRANCE. Timaru Herald, Volume XCVIII, Issue 18084, 15 November 1924, Page 6
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